Micron Technology, Inc. $MU Stock Sold by Avior Wealth Management LLC

Key Points

• Avior Wealth Management cut its Micron stake by 55.4% in the third quarter, selling 19,761 shares and retaining 15,877 shares valued at $16.9 million. Institutional investors and hedge funds still own 80.84% of MU.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $1,407.88; 41 analysts rate the stock a Buy and one rates it a Strong Buy.
• Micron reported quarterly EPS of $33.42 and revenue of $54.23 billion, beating estimates, while revenue surged 379.1% year over year. However, insiders sold nearly $90.9 million of stock over the past three months, and potential competition from Chinese memory maker CXMT remains a risk.

Avior Wealth Management LLC cut its stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 55.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,877 shares of the semiconductor manufacturer's stock after selling 19,761 shares during the period. Avior Wealth Management LLC's holdings in Micron Technology were worth $16,911,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Denali Advisors LLC acquired a new position in shares of Micron Technology in the second quarter worth about $7,364,000. Castleark Management LLC purchased a new position in Micron Technology in the first quarter valued at about $3,709,000. Legacy Wealth Management LLC MS grew its stake in Micron Technology by 73.3% during the 2nd quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer's stock valued at $4,091,000 after purchasing an additional 1,499 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in Micron Technology by 16.0% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer's stock valued at $56,006,000 after purchasing an additional 6,702 shares in the last quarter. Finally, Franklin Street Advisors Inc. NC increased its holdings in Micron Technology by 2,461.4% during the 2nd quarter. Franklin Street Advisors Inc. NC now owns 37,141 shares of the semiconductor manufacturer's stock worth $42,871,000 after purchasing an additional 35,691 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on MU shares. Morgan Stanley reaffirmed an "overweight" rating and issued a $1,200.00 target price on shares of Micron Technology in a research report on Thursday, October 1st. ThinkEquity reissued a "buy" rating on shares of Micron Technology in a research report on Monday, August 3rd. Barclays lifted their price target on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the stock an "overweight" rating in a research note on Thursday, June 25th. HSBC upped their price target on shares of Micron Technology from $1,100.00 to $1,700.00 and gave the company a "buy" rating in a report on Thursday, June 25th. Finally, TD Cowen reiterated a "buy" rating and set a $1,600.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Micron Technology currently has a consensus rating of "Moderate Buy" and an average price target of $1,407.88.

Insider Transactions at Micron Technology

In related news, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the sale, the executive vice president owned 191,021 shares in the company, valued at $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Scott R. Allen sold 879 shares of the firm's stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the transaction, the chief accounting officer directly owned 34,958 shares in the company, valued at $34,958,000. This represents a 2.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 95,879 shares of company stock worth $90,939,466. 0.24% of the stock is currently owned by insiders.

Micron Technology Price Performance

Shares of MU opened at $989.04 on Tuesday. The firm has a market cap of $1.12 trillion, a price-to-earnings ratio of 13.33, a PEG ratio of 0.18 and a beta of 2.22. The stock has a 50 day moving average of $983.23 and a 200-day moving average of $849.12. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a 52 week low of $186.25 and a 52 week high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last issued its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, beating analysts' consensus estimates of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The business had revenue of $54.23 billion during the quarter, compared to the consensus estimate of $51.33 billion. During the same period in the previous year, the business earned $3.03 EPS. The business's quarterly revenue was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, analysts forecast that Micron Technology, Inc. will post 175.82 EPS for the current year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology's dividend payout ratio is 0.81%.

More Micron Technology News

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: Micron’s latest results exceeded expectations, with quarterly revenue of $54.23 billion and EPS of $33.42 versus consensus of $31.77. Management also issued strong fiscal 2027 first-quarter EPS guidance of $37.15–$39.15, reinforcing the outlook for continued AI-driven demand. Micron: More For Longer
• Positive Sentiment: Long-term customer agreements reportedly cover more than 35% of revenue through 2030 and include deposits and pricing protections, potentially supporting supply visibility and margins as high-bandwidth and server memory remain constrained. Micron May Become a Safe Haven Investment Prospect
• Positive Sentiment: Analysts and screening services continue to highlight MU’s earnings momentum, growth prospects and low PEG valuation. Micron is also increasing stock buybacks after its significant year-to-date rally, providing an additional source of shareholder support. Micron Increases Stock Buybacks
• Neutral Sentiment: The stock is testing technical support near its 50-day moving average after recently pulling back from a record high. Options activity and broader technology-sector weakness may contribute to short-term volatility, but do not necessarily change the long-term thesis. Micron Stock Tests Key Support
• Negative Sentiment: ChangXin Memory Technologies (CXMT) said it has made progress on a denser “4F square” DRAM design and plans to introduce a server-memory chip by year-end. Investors fear that cheaper, higher-density Chinese memory could eventually pressure Micron’s pricing power and margins, particularly in the profitable data-center market. Micron Stock Drops on CXMT Memory Chip News
• Negative Sentiment: Concerns that weak demand for AI-infrastructure funding, rising Treasury yields and a potential future memory-cycle downturn could limit additional upside after MU’s sharp advance are adding to the selling pressure. AI Infrastructure Funding Concerns

Micron Technology Company Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, three-dimensional XPoint-related technologies, solid-state drives, and high-bandwidth memory products designed for demanding computing applications.

The company serves customers across the data center, artificial intelligence, networking, automotive, industrial, mobile, consumer electronics, and embedded markets.

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